Tag #Rachel Reeves

Showing 73 to 84 of 156 results

dailymail.co.uk
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UK GDP Growth Outpaces Expectations, But Concerns Remain

The UK's GDP unexpectedly grew by 0.5% in February, driven partly by increased US exports before new tariffs; however, this is overshadowed by growing public pessimism about household finances and downgraded economic forecasts.

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64% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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UK Company Profits to Plunge to Lowest Level Since 2008 Financial Crisis

The Office for Budget Responsibility (OBR) warns that UK company profits will plummet to their lowest level since the 2008 financial crisis, dropping to 14.3 percent of GDP this year from 15.1 percent in 2024 due to inflation-busting pay rises and increased business costs, including a £25 billion ri...

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44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Rising Borrowing Costs Threaten to Wipe Out UK Budget Headroom

Rising borrowing costs, reaching a three-month high due to Donald Trump's new tariffs, have already eroded £4.2 billion of Rachel Reeves's £9.9 billion fiscal headroom, impacting her Budget plans and causing significant market volatility.

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56% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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IFS Warns of High Risk of UK Budget Failure, Potentially Requiring Tax Hikes

The Institute for Fiscal Studies (IFS) warns that UK Chancellor Rachel Reeves's fiscal plans have only a 51-54% chance of success, necessitating potential tax hikes or spending cuts due to tight budget constraints and external economic shocks like potential US tariffs on car imports.

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56% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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UK Inflation Unexpectedly Falls to 2.8%

UK inflation fell to 2.8% in February, lower than the predicted 2.9%, mainly due to cheaper clothing, but further increases are expected due to rising energy and food prices and tax hikes.

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44% Bias Score

Reduced Inequality
taz.de
🌐 85% Global Worthiness
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UK Budget: £14 Billion in Cuts, Defense Spending Surge

The UK's spring budget includes £14 billion in cuts, mainly affecting social welfare, alongside a £5.1 billion increase in defense spending, impacting 3 million people and potentially pushing 250,000 more into poverty by 2030.

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48% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Budget: £40 Billion Tax Increase Funds NHS, Raises Business Concerns

The UK's autumn budget included £40 billion in tax increases, with £25 billion earmarked for the NHS, resulting in a five-month decline in waiting lists; however, businesses face a £25 billion increase in national insurance contributions, sparking concerns about job losses.

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52% Bias Score

Good Health and Well-being
theguardian.com
🌐 75% Global Worthiness
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Reeves's Fiscal Policy Faces Criticism Amid Inequality Concerns

Amid rising inequality, UK Chancellor Rachel Reeves faces criticism for spending cuts impacting vulnerable people, prompting calls for radical economic reforms and a review of fiscal policies, including borrowing, taxation, and spending cuts, as well as the potential reform or abolition of the Offic...

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52% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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Reeves Faces Criticism Over Welfare Cuts in Wales

Chancellor Rachel Reeves's Spring Statement, which includes tightening Personal Independence Payment (PIP) eligibility rules affecting over 250,000 Welsh residents, has been criticised by Labour MP Steve Witherden who calls for a wealth tax instead, triggering discussions between the UK and Welsh go...

Progress

48% Bias Score

No Poverty
bbc.com
🌐 65% Global Worthiness
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Reeves Will Not Accept Free Concert Tickets Again Following Backlash

UK Chancellor Rachel Reeves accepted £600 in free concert tickets, initially defending her actions due to security concerns but later stating she will not accept such gifts again following public criticism; this prompted a debate on ministerial ethics.

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60% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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UK Chancellor Announces Spending Cuts Amid Economic Slowdown

Chancellor Rachel Reeves will announce significant spending cuts in her Wednesday spring statement due to rising borrowing costs and weakened economic growth; the OBR will release updated forecasts showing potential halving of 2025 growth forecast to 1%, following January's 0.1% economic shrinkage.

Progress

44% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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Reeves' Failed Economic Strategy Forces Emergency Budget

Facing criticism for her economic policies, UK Shadow Chancellor Rachel Reeves must implement an emergency budget to address declining employment, economic growth, and business confidence, all consequences of her initial plans.

Progress

68% Bias Score

Decent Work and Economic Growth

Showing 73 to 84 of 156 results